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3~9~?23
, THIS INOENTURE. N1~J~ th~ 30th ~y of ~P~@~@! A.D. 19
~S~ b~twNn
. , )
Robort H. FQesL, .Ir. Masjor M. R~est, his wito i
of $t. ~.L1Ci• ~ ~~h Fbrida, h~nlnaft~r dssipnat~d ~s fM."MORTGAGOR." and F~RSi fEDERAI SAVINGS AND LOAN
ASSOCIATION Of fORT PIERCE. ~ oorpor•rion ap~niz.d and .:istH+p wwla ~M laws d fh~ Unir.d Sta~a of M+M ..»d Mvtnp in prtnctpal pl.a d
bwinas in tM Gty d fort Pi~ra. St. luci~ C~+nty: ilorid~, hu~ft~ dpip~ut~d a tM "lIAORTGAGfE."
WHEREAS tM MORiGJ1GOR b~sty k~d~b~~d to tM MORTGAGEE te fM sum of = 4Oa~~•OQ , yood u~d I~wfvl mon~y of tM United
Su»~ ~dvanc~d by tM MORTGAGEE unto tM IVIWRTGAGOR. ~s ~vidax,~d py ~ unain promiswry no1~ of ~wn dM~ lienwkh, of which ti+~ fotlowG+p H?
wad~ ~nd fipw~s b a tn~ oopY. lowit: . ~
~ 4~~~~_~ - , p~, 10021619
P~.. Fio.~a.. Sop;te~s 30 19 ~5
for valw r~c~ived, 1, vw w either of ~s, promis~ to pay, withovt def~lcatian, 10 1M orde~ of FIRST FEOERAL SAVINGS MID IOAN ASSOCIATION OF
FORT PIERCE at Fort Pi~rw. Fbrida, th~ wm of with int~rest from d~t~ a~ ~he rate of ~.~9b p~r ~nnwn. in mordhlY ins~~~4
meon as followu i 323.~ on ths ZOt11 ~y of 1~10V0~@1' 19 75 s+~d • lik~ iwn on the car~spa+dinp d+Y of ~ath nwnth thsr~-
afte? w?~il ths whote b~ fvlly paid.
Each imtallm~nt fint shall b~ spplied i~ p~y~rN+?t of ths intaat u+d tMn on th~ unpaid b+lsnce of tM princ~p~l wm. If d~fault b msd~ in tl»
payment of ~ny imtatlm~nt whM dw. and wch defauh continws 90 dsys, th~n at fhs optan of the Falde~, and wkhout anY other notice, all the ramaininp
insallm~n» sMll b~ dw ~+d payabk st ax~. Privilep~ b 9iwn to pr~y tha not~ in wFwl~ or in put at ~ny Y~me withoW pee~+lty. NeithK (weMsranc~,
no? ~cpptanc~ by ?h~ holder thereof ~her any defa~lt in uiy p~ym~nb hereon. shsll b~ deemed exter?sion. A late paymee+t chu~ of i.~~, sMll b~
sdded ro sach irotallment eemaininp unp+id 7 dsys ~fta ib dw d+te. and • lik~ sum shall be sdded to each such inatallment ~emainitg w+paid 7 dsys afttr
a~ch suco~sdinp p~yment dat~. .
Each mak~r, swety ~nd ~ndorser Mnof, iantly and ~tverally, w~iws demu~d, presentment protest end r+otice of proNSt for na+p~ymse~t. ~nd fwth~?
agrees 1o any ext~nsion of ti~n~ of psyment, either be(ore br ahN ~turity, withow notiq to ~ny of ui; arcd to pay all cwts of aollectan, irxludirg •
reawn~bk ~ttoraey i fee in tM ~vent of sny default herevnd~r, uid Mreby s~verally wsives a!1 benefit of Fameitesd snd exemp~ion u~ th~ constitution
a~d laws of each Stab of tha Unit~d Stata,, as g+inst thls oblipation ar ~ny extee~sion w renew~l hereof.
~tn~ss tM hsod u~d swl of each p+rty. • t•. , s•- :
' - . - (SE/?U
~ S/ Robert H Faest~ Jr_ ~
~w
~o• S/ Mazjo=i~ FQ~st ~
! ~ ~ s~,r. a.,?.M,. . • _
NOW. TNEREFORE, tM AhORTGAGOR for t!w pxpok of secvrieKi WY~+~nt of a+kl sum of S 4Q-O~.00 ,~nd th~ perform~nc~ of tM
cow~+r~n .~,d a~...~n h.re+oaha exP.e.s~d, and fw d~ven ~ood ~nd valwbi~ aonsidewtio~a, by tF~ pr~senb. does ~raM, baryain, wll, nmis~, .
reteas~, conwy snd confirm unro tM NI~RTGAGEE, its a~oc~s~ws ~nd as~3yns, all tMt o~h~in Iw, piaa ar parc~! ot 1~nd. sltuat~, lyiny. ~nd b~inp N tM
Camty of St . LaiC ~e ,~nd Sra» of Fluida, daaib~d ~s fotbwu
~ : ~5d 70 / ~ oiii-oo~/o
Condoainiua Parcel No. 831, of CAPSTAN I, accozding to thQ Oeclazati~
o~ ~adoainius tb~seof, recosdad in Olfieial Record Book 232, st paqea
619-~i1 of the p~blic records of St. Lncie County, Florida.
SUBJECT to ter~s and conditions of said O~eluatio~n of Condo~iAiua~ tl~
Azticlea_ of Incosporatiaa, By-Laxs, and Declaratioa of Covenants and •
RestricLioAS of OceaA Village Property Owners• Associatioa, Ine., with
wbich ter,s aad conditions tbe ~o~tyaqe covenants to co~ply and perfor~.
~ By agreesent of t~rtyagor and Mortqaqee on file witb
~ Mbrtgagee, the witbia aortgage socnres not only an •
; existing indebtQdaess, but also ADVANC6S to be HERE-
ARTBR =a,dQ by Mortgagee to Mortgagor, the a99reqate
~ of which will equal tbQ principal s?~ount :pecifiod
` . . . . . ia tha Psa~issory naa secur¢d bereby. '
« N STATE ~i~ FLORID~~ o~~
hT' DOCUMENTARI'.,~-~? StAMi~ TAX ~ g~'O~ ~Y~~.+~pPOPE~n_•.,n/
U:Pf. Oc R~VENUE - ~ NfI~
~ N ~ l9)l. ~
yr ~ P~" ~~~~y~~ 6 L. O (I ~ °~~~a'"~~n ~ ~
= ~ Jl:iL3'1S~ . ~ ~ ~lI~R~ P01~
- 1~Q G,
. o = ~??r,2 f $T. {~E
.
rop~tiwr with all and sirg~lu tFw tsnema+M, haeditamenn and ~ppurt~nus t1w*e~MO b~laginq a i^ +nYwi~ appKtaininp the?NO and all nnt~, issws.
proce~ds and profin ~oav&g and to ~ccrw from ssid premises, all of whi~fi m includ~d in t!w ~bov~ and forpoirg dnviption ud IMb~ndwn.
TO HAVE ANt}~Oey1QW tM above desuib~d and ~~nt~d p?emises unto the said MORTGAGEE, its woussws and assipns forewr. /1nd th~ ~3d
MORTGAGOR for ys hein, eaecu~ors. ~dmenistr~ro?a ~nd assiyro, hereby covenuus with tM said MORTGAGEE, iti wcusson and aaipes.
that thex ~e lawfully s~ized of the wid premisp in fN simpl~s tMt th~ s~rne ~r~ fre~. ckar ~nd d'achary~d fran aU li~s and ~ncunr
br~nus in law w In puity, and th~* t~jf wil) ud the 3! heits sMfl wurant and d~fend the titb W th~ s+en~ to th~ said
~ MORTGAGEE. its wctsstwi ~nd sugro, fortver sy+irot tFw lawful dairrw +nd d~man~b of ~11 p~noros
~ PROVIOED. ALWAYS ihst if th~ MORTGAGOR shall p~y unro the MORTGAGEE the promissay note her~ir~b~for~ dacribed ~nd sh~ll trvly, promp~ly
and fulh P~~'4 d'ad»ry~• execvte, camP~~. ~Pb with .nd .b~ds by s.ch and ~wrp ~M •rtp,lario+w +pr..m~nn, oaditbm u?d oov~nts d wid
~ pr«n'~ssory rat~ ~nd of this Mort~ay~, then this Mat~+pe and tiw btate henby u~at~d ~MII csaw and b~ nu1! ~nd void.
IT IS UNDERSTQOD tMt th~ word "Mort~apar" wheN~er in th~ wqular or plwal ehrwt~er~ In this Mortyap~, shall bt sinQular if o~e only and
shall b~ plur~l iointly and wverally ff mor~ than one, and th~t tM wwd "th~ir' es uwd anywMn in this Mo~rtysg~ shall be t~k~n to m~an "N~," ''!»s." p
w"its:' wherwK t!w ca?t~xt w impli~s a admib. Alw, that wherev~r there b a nfaer~p ~ rh. cowr~.on .nd a~ree~+s he~./n oom,;rwd a«nr of
the pania here~o 1IM {MIN lFNII bf COfUtfYld 10 R1lM ai WfII q tllf IMNt• Ipal nprssenativa, wocesw~s snd usipro (sitFia volwnary by ad of th~
p~nies w ImoluntuY bY opsratioe of th~ law) of tM ~artw and that the covenants henin comained shall bind and tM be~fits and advant~a Mwr~ ~
ro tFk nspsctiw hein. Ip+l rprner?t~tiws, succeswn and ~u?ym of th~ pwtiws ha~ta
And s+td Mortypas, for tlrm~elws u~d `their tieirs, I~yal r~pr~~enl~tives, wocesson ~~d auigns, htreby ioiotly and wv~nlly oownw~t u~d apne ~
to and witb th~ ~id MORTGAGEE, its a~onswn ~nd ~uipro: ~
1. To p~y ~II and sirqular tM principd ~nd infuest and th~ varioes ~nd sw~dry swm of mon~Y p+Y~bl~ bY virtw of s+id praniswry noM, and 11~M
mortyay~. ~ach ud ~wry. P~~P~~Y on th~ d~ps n~p~ctivey the ~aent sewaltr b~corr~~ due.
Z To pay dl and si~p~lar th~ u:a, as~ssn»~+t~, twMs, li~bilitia, oblip~tions and ancumbanc~s of ~wry rwtw~ and kind now on s~W d~wlb~d
Piop~rty 01 ?INI I1l/HffN mar be impowd, wffu~d. P~+ad• I~vNd, a u~aswd tlnr~on, a th~t Mreafter mar be Iwied a awswd upa~ thi~ Maq~
pe, a th~ feKl~M~dnsa awr~d MnbY, sach ~nd ewrY, wt~ dw and p~y+We, aawdinp w law, b~fon theY becam delinqueM, and brton +oY kNa~a
•n~cF~es p arry p~naNy is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SMAII 6E PROMPTLY SATISfIEO AND DISCHARGED Of
RKORD AND 1HE ORIGtNAI OffIC1Al DOCUNIEM (SIJCH A5, FOR IN5IANCE, THE TAX RKEIPT OR THE SATISfAC?ION PAPER OFFKIALIY ENOORSED
OR CERTIFiED) SNALL 6E PlACEO IN THE HANDS Of SAIp MORTGAGEE WITHIN ?EN DAYS NEXT AFTER PAYMEN1j M+d in tl» ewM Nwt arry fhK~of M no1
- p~id, sat:sfied and diuhu~d s+:d MORTGAGEE may at ~ny t~me pay the samt a~ny part thereof withovt waivirg w affectirg u~y option, li~n, ~qvity a
?ipht unde~ o? by ei~tve of this mortyaye u+d the full ~mount of each a~+d every wch paYmtnt sF~all be immediately dw and payabb ~nd ~hall bw kNVat
hom the d~te tFw?eoi vntil paid ~t nte of ni~e per centvm per annwn and fopHher w~th such Interest tMll be secured by the lien of ~h:s morpt+p~-
- ~ ~w;i ~
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